For the first time ever under Roman Abramovich, Chelsea have recorded profits. The Stamford Bridge club, since the Russian bought it in 2003, have never managed to balance their books.
But the figures the club released today, show that the reigning champions of Europe, have recorded a profit of about £1.4million for the 12 months ending June 30 2012.
This is largely due to their success in the UEFA Champions League, which saw them overturn a loss of £67.7m the previous year.
“We will never forget that night in Munich and now we are celebrating serious progress off the field too,” Chairman Bruce Buck said.
“While we draw huge satisfaction from the achievements of the past 12 months, we are more than ever focused on continuing the story of on-field success supported by improving financial performance off the pitch.”
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